NOT LISTED FOR SALE

Estimated Value: $3,029,000 - $3,406,000

3 Beds
2.5 Baths
1,722 Sq Ft
$1,914/Sq Ft Est. Value

Last Sold June 17, 2024

Last sale price $3,100,000 $1,800 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $18,751/month

12 Days on Market

Highlights

  • Primary Bedroom Suite
  • Eichler Home
  • Wood Flooring
  • Fairmeadow Elementary School Rated A+
  • Deck
  • 5-minute walk to Ramos Park

About This Home

As of June 2024

Welcome to this exceptional Brown & Kaufman home, exuding the timeless charm of mid-century modern architecture. Set in the serene neighborhood of Adobe Meadows in Palo Alto, this thoughtfully designed home offers a serene setting with a layout that maximizes space and functionality. This 3-bedroom, 2.5 bathroom home boasts beautiful hardwood floors and exposed beam ceilings throughout the home creating an elegant, bright ambience. A thoughtfully crafted floor plan effortlessly connects the living room, family room, dining area, and kitchen, creating an ideal space for both everyday living and entertaining. The highly adaptable and functional horseshoe kitchen showcases granite countertops, stainless steel appliances, a double oven, and ample storage space. Located just moments from Ramos Park, Mitchell Park Library, Shoreline Lake, YMCA, Oshman Family JCC, shopping, and commute routes, this home offers unparalleled convenience for the modern lifestyle. Top rated schools add to the allure of this home - Fairmeadow Elementary, Jane Lathrop Stanford Middle, and Henry M. Gunn High School (buyer to verify school eligibility).

Last Agent to Sell the Property

Kevin Lu

Christie's International Real Estate Sereno License #01999867 Listed on: 04/04/2024

Christie's International Real Estate Sereno

Last Buyer's Agent

Jinyue Wang

KW Advisors License #02137375

KW Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,550

Year Built

  • Built in 1955

Lot Details

  • 6,098 Sq Ft Lot
  • Sprinklers on Timer
  • Grass Covered Lot
  • Back Yard Fenced
  • Zoning described as R1B8

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Eichler Home
  • Flat Roof Shape

Interior Spaces

  • 1,722 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Skylights
  • Gas Fireplace
  • Family Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Double Oven
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 127-13-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,550

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Eichler
  • Age: 69
  • Listing Class: Residential
  • Structure Sq Ft: 1722
  • Year Built: 1955
  • Zoning Description: R1B8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Burning
  • Dining Room: Breakfast Bar, Dining Area, Dining Bar, Formal Dining Room, Skylight
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Double, Oven Range, Pantry, Refrigerator
  • Living Sq Ft: 1722
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, More than One Bedroom on Ground Floor, Primary Suite / Retreat
  • Laundry: In Garage, Washer / Dryer
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Full on Ground Floor, Primary - Stall Shower(s), Shower over Tub - 1, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Flat / Low Pitch
  • Yard/Grounds: Back Yard, Balcony / Patio, Deck, Fenced, Low Maintenance, Sprinklers - Auto
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling, Skylight

Schools

  • School District: Palo Alto Unified
  • Elementary School: Fairmeadow Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 314
  • Middle School: 322

Lot Info

  • Parcel Number: 127-13-013
  • Lot Acres: 0.1400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6098.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6098.00

Green Features

  • Energy Features: Walls Insulated

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Fairmeadow Elementary
  • High School Text: Henry M. Gunn High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2024
Sold by
Lu Raymond Li and Zhang Yubing
Bought by
Raymond And Yubing Living Trust and Lu
Current Estimated Value
$3,295,388

Purchase Details

Listed on
Apr 4, 2024
Closed on
Jun 5, 2024
Sold by
Chandra Normile Trust and Normile Thomas
Bought by
Lu Raymond Li and Zhang Yubing
Seller's Agent
Kevin Lu
Christie's International Real Estate Sereno
Buyer's Agent
Jinyue Wang
KW Advisors
List Price
$2,998,000
Sold Price
$3,100,000
Premium/Discount to List
$102,000
3.4%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.00%
Original Mortgage
$1,400,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2015
Sold by
Normile Thomas Gerald and Chandrasekaram Vasanthi
Bought by
The Chandra Normile Trust and Chandrasekaram Vasanthi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2013
Sold by
Normile Thomas and Chandrasekaram Vasanti
Bought by
Normile Thomas and Chandrasekaram Vasanthi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 1996
Sold by
Joy Preisser
Bought by
Normile Thomas and Chandrasekaram Vasanthi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
8%

Purchase Details

Closed on
Aug 1, 1994
Sold by
First Congregational Church Of Palo Alto
Bought by
Preisser Victor and Preisser Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,400
Interest Rate
5%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Raymond And Yubing Living Trust -- None Listed On Document
Lu Raymond Li $3,100,000 Chicago Title
The Chandra Normile Trust -- Accommodation
Normile Thomas Gerald -- Fidelity National Title Co
Normile Thomas -- None Available
Normile Thomas $455,000 Santa Clara Land Title Co
Preisser Victor $347,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lu Raymond Li $1,400,000
Previous Owner Normile Thomas Gerald $355,000
Previous Owner Normile Thomas $378,000
Previous Owner Normile Thomas $417,000
Previous Owner Normile Thomas $348,000
Previous Owner Normile Thomas $351,000
Previous Owner Normile Thomas $233,500
Previous Owner Normile Thomas $367,200
Previous Owner Normile Thomas $364,000
Previous Owner Preisser Victor $173,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 Sold $3,100,000 +3.4% $1,800 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $2,998,000 -- $1,741 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,550 $3,202,000 $2,805,000 $397,000
2024 $9,550 $726,506 $363,253 $363,253
2023 $9,406 $712,262 $356,131 $356,131
2022 $9,291 $698,298 $349,149 $349,149
2021 $9,107 $684,606 $342,303 $342,303
2020 $8,932 $677,588 $338,794 $338,794
2019 $8,830 $664,302 $332,151 $332,151
2018 $8,603 $651,278 $325,639 $325,639
2017 $8,451 $638,508 $319,254 $319,254
2016 $8,225 $625,990 $312,995 $312,995
2015 $8,140 $616,588 $308,294 $308,294
2014 $7,904 $604,510 $302,255 $302,255
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81960084

MLSListings

APN: 127-13-013